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30-10-2014 23:52:00 | by: Administrator | hits: 27702521 | Tags:

Morocco and China sign joint belt and road implementation plan
06-01-2022 | 14:51:25
The minister also highlighted the fact that Morocco was the first country in the Maghreb and among the first in Africa to adhere to the Belt and Road initiative, hence raising the Moroccan-Chinese strategic partnership to a new higher level.
World Bank Group debars construction company Colas Madagascar S.A. for fraudulent practices
05-01-2022 | 14:17:00
The World Bank Group has announced the two-year debarment of Madagascar-based Colas Madagascar S.A., a construction company, in connection with collusive and fraudulent practices as part of the Airports Madagascar Project.
Senegal inaugurates regional express train linking Dakar to Diamniadio
30-12-2021 | 14:09:48
Senegal has officially launched the commercial operation of the Regional Express Train which will link Dakar, the country's capital, to Diamniadio, the new town currently under development.
Turkish builder signs $1.9b railway construction deal with Tanzania
29-12-2021 | 11:33:56
Turkish construction giant, Yapi Merkezi, has signed a $1.9billion contract with Tanzania to build the 368 km third phase of a planned railway.
[Nigeria] NGX lists 9 million shares of Ronchess Global Resources on Growth Board
24-12-2021 | 08:27:38
Nigerian Exchange Limited (NGX), has announced the listing of Ronchess Global Resources Plc and also facilitated the financing of over N5 trillion in capital raised by governments and corporates so far in 2021.
Zimbabwean government grants land to Afreximbank for construction of the Africa Trade Centre
21-12-2021 | 07:09:00
The African Export-Import Bank (Afreximbank) has been granted land in Harare by the Zimbabwean Government to build a landmark centre for facilitating intra-African trade.
IsDB approves $1.6 billion funding for projects in Africa, Asia and Europe
20-12-2021 | 12:04:00
In a significant increase in its financing operations, Jeddah-based AAA rated Islamic Development Bank (IsDB), approved $1.6 billion to finance 24 new development projects in 19 member countries located in Asia, Africa and Europe.
Africa50 unveils Kigali Innovation City urban masterplan in Rwanda
20-12-2021 | 10:38:00
Africa50, the pan-African investment platform, Rwanda Development Board (RDB) and the Ministry of ICT and Innovation of Rwanda unveiled the urban masterplan for the development of the Kigali Innovation City (KIC) project.
Construction of the first African Medical Centre of Excellence commences in Abuja
08-12-2021 | 15:10:51
African Export-Import Bank (Afreximbank) is formally breaking ground for the construction of the African Medical Centre of Excellence (AMCE) in Abuja, Nigeria.
Holcim and CDC Group unveil Africa’s largest 3D-printed affordable housing project in Kenya
07-12-2021 | 08:17:02
A new neighbourhood in a Kenyan town is to spring into existence in record time thanks to a world beating 3D printing technology.
HeidelbergCement sells Sierra Leone business to Diamond Cement Group
01-12-2021 | 09:47:24
HeidelbergCement holds 50% of the shares in the company and has full management responsibility. The sale includes a cement grinding plant with two grinding mills.
AfDB Board approves $217 million to finance Horn of Africa road project
30-11-2021 | 16:37:18
The Board of Directors of the African Development Bank Group has approved $217 million in loans to fund a project that will improve road transport services in Kenya's northeastern region.
Saudi Fund for Development marks completion of $31 million Banjul International Airport Project in Gambia
18-11-2021 | 15:34:08
The SFD supplied a loan worth $31 million to fund the project which will increase the airport’s operational capacity by 43%, enhancing trade and supporting economic growth.
IFC, Proparco and EAIF invest in cement producer CIMAF to meet rising demand in West Africa
11-11-2021 | 07:57:00
IFC, Proparco, the French Development Institution and Emerging Africa Infrastructure Fund (EAIF) are partnering with Ciments de l'Afrique (CIMAF), to help the company boost its production of cement in West Africa.
[Column] Phyllis Wakiaga: Fix Kenya's road construction challenges
26-10-2021 | 14:20:00
When it comes to a country’s socio-economic development, an efficient transport system is indispensable. For instance, roads enable citizens to access critical services such as health and education, as well as ensure that they are able to access their businesses.
Vertiv research defines standard models for deploying edge infrastructure
19-10-2021 | 17:35:19
Vertiv released the results of an in-depth research project to identify edge infrastructure models to help organizations move toward a more standardized approach to edge computing deployments.
Djibouti Telecom begins construction of New Cable Landing Station
14-10-2021 | 07:53:30
To meet the ever-growing demand and network resiliency requirements, Djibouti Telecom has started the construction of a New Cable Landing Station in Djibouti City.
African Development Fund approves $116m loan to upgrade southern road corridor in Tanzania
24-09-2021 | 08:28:00
The African Development Fund approved a loan of around $116 million to the Tanzanian government to upgrade a 160-km Mnivata-Newala-Masasi road corridor in the southern part of the country.
[Egypt] Ora Developers inks deal with Jaggaer to implement source-to-pay platform
16-09-2021 | 12:22:26
The intuitive platform will enable better sourcing decisions, faster cycle times as well as streamlined data processes for enhanced collaboration and supplier relationships.
EBRD finances 6th of October Dry Port in Egypt under EBRD Green Cities
13-09-2021 | 14:45:33
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of the first inland dry port in Egypt, in 6th of October City, west of Cairo, with a €25 million loan to October Dry Port Company.
PPG appoints Meri Vainikka as Vice President, Architectural Coatings, EMEA, North and East
10-09-2021 | 12:49:00
PPG announced the appointment of Meri Vainikka as vice president, architectural coatings (AC), Europe, Middle East and Africa (EMEA), North and East, effective immediately.
Grande Côte Opérations signs MoU with CrossBoundary for construction of hybrid solar power station in Senegal
09-09-2021 | 10:29:00
Grande Côte Opérations (GCO), a subsidiary of the Eramet Group, signed a Memorandum of Understanding (MoU) with CrossBoundary Energy for the construction of a 13 MW hybrid solar power station with 8 MW battery storage in Senegal.
Petrofac secures EPCC contract in Libya
03-09-2021 | 09:24:15
Petrofac has secured a contract valued at over $100 million with Zallaf Libya Oil & Gas Exploration and Production Company, to deliver their Erawin Field Development Project Phase 1 Early Production Facilities.
Upper Egypt Local Development Program selects Esri Software for Data-Driven Governance
03-09-2021 | 08:19:04
To address this challenge, the Egyptian Ministry of Local Development and the World Bank launched the Upper Egypt Local Development Program (UELDP) a year later.
Siemens Mobility signs $3 billion contract for Turnkey Rail System in Egypt 
02-09-2021 | 10:17:04
Together with partners Orascom Construction S.A.E. and The Arab Contractors, Siemens Mobility will provide its comprehensive turnkey services to design, install, commission, and maintain the systems for 15 years.
Property technology to disrupt Africa’s real estate sector, analysts
02-09-2021 | 10:10:29
Africa’s Property Technology (Proptech) sector is ramping up and is a key component of future strategies for local REITs, operators and others looking to future proof their real estate businesses.
Nigerian Rent4Less raises $1m private placement bond to entrench monthly rental culture in Africa
01-09-2021 | 10:34:00
Nigerian rental scheme company Rent4Less by Alpha Mead, announced it raised a fixed-rate series one $1 million private placement bond to entrench the culture of monthly rental in Africa.
TPT Global Tech partners with SWA to develop Smart Villages in West Africa
01-09-2021 | 08:25:00
TPT Global Tech announced it has entered into a strategic technology agreement with Skybridge West Africa (SWA), to participate in the development of 20 Smart Villages in West Africa.
Lafarge Egypt and GIZ reinforce diversity and inclusion in cement industry
03-08-2021 | 10:26:30
To further the principles of gender equality, women empowerment, and inclusion in the business environment, Lafarge in cooperation with GIZ, will be offering a summer internship for 8 female school-students, reinforcing its mission to create equitable opportunities and promote diversity in the cement field.
UK announces £132m new investments in Kenya, backs Nairobi as an international financial centre
28-07-2021 | 09:58:00
TheCityUK signed a Memorandum of Understanding (MoU) with the Nairobi International Financial Centre Authority, establishing a formal partnership, including closer collaboration with the London Stock Exchange.
Acorn Holdings closes oversubscribed final tranche of its Green Bond in Kenya
23-07-2021 | 12:51:46
Acorn Holdings announced that Acorn Project (Two) Limited Liability Partnership, the Issuer of the Acorn Medium-Term Green Note (MTN) Programme, closed the final tranche, raising KES 2.096 billion against the target of KES 1.438 billion.
ATI closes €203m financing agreements to support health and transport infrastructure in Ghana
20-07-2021 | 09:45:00
The African Trade Insurance (ATI), announced the closing of two €203 million financing agreements social loans, to fund four health and two transportation projects in Ghana.
ADFD supports road infrastructure development project in Rwanda
16-07-2021 | 16:14:00
Abu Dhabi Fund for Development (ADFD), signed agreement with the Government of Rwanda to provide a concessionary loan valued at $15 million to finance the Rambura – Nyange section of the Rubengera- Muhanga road project.
Buildher Kenya receives $40,000 from GREA to empower women in construction
16-07-2021 | 16:02:00
Skills development and empowerment of women in construction received a boost as real estate developer Gateway Real Estate Africa (GREA), handed over a donation of $40,000 (KES 4,328,000) to Buildher Kenya.
[South Africa] Stefanutti Stocks Moves Cloud Seamlessly Back Home
15-07-2021 | 07:39:00
Construction giant migrates cloud back to South Africa for flexibility to run, manage and scale without latency or access concerns
[Nigeria] Dangote Cement acquires 2,000 trucks for distribution of products
14-07-2021 | 12:42:41
These assets would meet the expected increase in demand for transportation of cement to every part of the country and create employment for over 4,000 people in Nigeria.
[Column] Bobby Johnson: High cost of inputs hurting steel sector
14-07-2021 | 10:00:31
The demand for steel is increasing in the country, as government-driven infrastructural development, and commercial and residential buildings surge.
African Development Bank financed Pokuase Interchange road opens in Ghana
13-07-2021 | 11:57:57
A jumbo road interchange financed by the African Development Bank Group has opened in the Ghanaian capital, Accra, amid hopes the new infrastructure will help reduce road fatalities, ease mobility and spur trade within Ghana as well as with its neighbors.
WRI, UNEP, GEF and partners launch Zero Carbon Building accelerator
02-07-2021 | 12:10:18
World Resources Institute, with support from the Global Environment Facility, UN Environment Programme and World Green Building Council, among others, have launched the Zero Carbon Building Accelerator (ZCBA) to speed up the transition to zero-carbon, efficient buildings around the world.
KONE wins order to deliver, install elevators and escalators for the Iconic Tower building in Egypt
23-06-2021 | 09:12:00
KONE Corporation, a global player in the elevator and escalator industry, has won an order to deliver and install 60 custom-made elevators and escalators for the Iconic Tower building, located in Egypt’s new administrative capital.
OPEC Fund signs $20m loan to co-finance expansion of Bertil-Harding Highway in Gambia
23-06-2021 | 08:41:00
The OPEC Fund for International Development has signed a $20 million loan agreement with The Gambia to co-finance the expansion of the Bertil-Harding Highway.
Islamic Development Bank approves $176.05m for for projects in Iraq, Mauritania, Benin and Morocco
21-06-2021 | 16:18:00
The Board of Executive Directors of the Islamic Development Bank (IsDB), approved $176.05 million for projects in Iraq, Mauritania, Benin and Morocco.
Radisson Hotel Group debuts in Djibouti
21-06-2021 | 14:55:00
Radisson Hotel Group announced the signing of Radisson Hotel Djibouti. The hotel marks the Group’s entry into the country and brings its East African portfolio to 18 hotels and over 2700 rooms.
IFC, Belco Realty partner to develop affordable housing and commercial space in Kenya
15-06-2021 | 12:42:00
IFC announced partnership with Kenyan firm Belco Realty to support the development of a mixed use affordable living complex that will consist of 1,379 residential units and over 4,500 square meters of retail and commercial space in Mombasa county.
AfDB signs $140m loan agreements to increase power generation in Tanzania
28-05-2021 | 08:26:00
The African Development Bank (AfDB), and the Government of Tanzania have signed loan agreements totalling $140 million to finance the construction of the 50-megawatt Malagarasi hydropower plant in Western Tanzania.
Predator Oil & Gas submits bid to build and operate Morocco's FSRU
26-05-2021 | 08:55:00
UK’s Predator Oil & Gas has submitted a bid for the construction and operation of a Floating Storage Regasification Unit (FSRU), for importing LNG in Morocco.
AfDB debars Mactebac Contractors for 36 months for fraudulent practices in Kenya
21-05-2021 | 08:22:00
The African Development Bank (AfDB), announced a 36-month debarment of Mactebac Contractors Limited, a company registered in Kenya and Mr. Joram Opala Otieno, the director and shareholder of the company, for fraudulent practices.
Construction of Border Export Zones in Uganda reaches 85% completion
07-05-2021 | 16:52:00
The construction of Border Export Zones in four sites in Uganda has reached 85% completion. The border markets under construction in the zones include Busia, Lwakhakha, Oraba and Katuna.
Gold Fields gives green light for construction of solar plant at South Deep mine in South Africa
07-05-2021 | 08:42:38
Gold Fields Board of Directors gave the green light for the construction of a 40MW solar plant at the South Deep mine in South Africa. This follows the granting of a licence by the National Energy Regulator of South Africa in February this year.
Netherlands co-finances construction of logistics center in Angola
06-05-2021 | 11:41:21
The construction of a logistics center in Angola’s Benguela province will be co-financed by the Netherlands.
Centamin awards Sukari Gold Mine contracts to juwi AG and Giza Systems in Egypt
05-05-2021 | 09:19:20
Centamin announced it has awarded the engineering, procurement and construction contracts for the 36MW solar farm and 7.5 MW battery-energy storage system at the Sukari Gold Mine (the Sukari solar plant) to juwi AG and Giza Systems in Egypt.
American homebuilders of West Africa returns to roots with Jobomax rebrand
05-05-2021 | 08:19:09
West Africa's provider of high-quality housing and housing finance solutions announced an updated logo and a return to its founding corporate identity as Jobomax.
[Rwanda] Improvement of land management processes with GIS technology
03-05-2021 | 11:09:00
The Land Administration Information System (LAIS) by the Rwanda Land Management and Use Authority’s (RLMUA) is transforming the way the country manages, develops, and maps its land by using technology and improves the current process of titling and certification of land throughout the country.
[Interview] Essi Farida Geraldo, CEO, Architecte urbaniste, Togo
03-05-2021 | 09:17:00
Passionate about art and creation and ended up in immersing in the field of architecture and design, Essi Farida Geraldo is the CEO of Architecte urbaniste an architectural and sustainable development firm which offer classic eco-architecture and urban planning services in Togo.
AfDB debars Maxicare Company Nigeria for 36 months for fraudulent practices
28-04-2021 | 12:19:00
An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Maxicare Company (Nigeria) Limited engaged in collusive and fraudulent practices during a tender for the construction of weigh stations.
Tlou Energy awards tenders for transmission line and construction of Lesedi project in Botswana
14-04-2021 | 11:52:00
Tenders have been awarded to Zismo Engineering ("Zismo"), for the construction of the overhead lines and to OptiPower for construction of substations at Lesedi and Serowe.
AgDevCo invests $3 million in East Africa poultry company Uzima Chicken
08-04-2021 | 11:02:00
AgDevCo has announced a $3.0 million follow-on mezzanine debt investment into Uzima Chicken Limited, a poultry company operating in Rwanda and Uganda.
Lafarge Egypt launches first Ecolabel cement in the country
07-04-2021 | 19:56:24
The new products comply with the company’s green criteria, including lower CO2 footprint and recycled content.
[Interview] Victoria Nannozi, CEO, The Association of Real Estate Agents, Uganda
07-04-2021 | 09:28:00
The Association of Real Estate Agents, AREA-Uganda, is an umbrella institution of real estate agency/brokerage companies, consultancy real estate firms, and real estate agency /brokerage professionals in Uganda that have key interests in real estate agency/brokerage.
[South Africa] Kusile Unit 3 achieves commercial operation, brings half the project to completion
01-04-2021 | 11:32:00
Eskom announced that Unit 3 of the Kusile Power Station has achieved commercial operation status, bringing to three the number of generation units that have achieved commercial status at the project.
John Deere set to expand construction brand into 18 African countries
01-04-2021 | 10:03:19
The expansion, which will include the availability of backhoe loaders, excavators, wheel loaders, motor graders, and crawler dozers, will be sold and supported by independent, newly appointed John Deere dealers, to be announced.
Lafarge Egypt partners with National Research Centre to promote use of innovative construction materials
25-03-2021 | 07:30:31
The National Research Centre (NRC) and Lafarge Egypt, a member of LafargeHolcim Group, have inked a Memorandum of Understanding, to promote the future of the Cement Industry in Egypt.
63 infrastructure projects developed in SADC region under Programme for Infrastructure Development in Africa plan
23-03-2021 | 11:31:00
A total of 63 regional infrastructure projects have been developed in the Southern African Development Community (SADC) region.
New recruitment platform to be opened for more than 2,000 workers
22-03-2021 | 07:38:00
On the national territory, infrastructure construction of the Benin-Niger pipeline will create thousands of jobs which will make it effective in the next few weeks.
[Uganda] AfDB signs $229.5 million financing agreement for the Kampala-Jinja Expressway Project
19-03-2021 | 06:49:00
The African Development Bank and the Government of Uganda has signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors.
[Egypt] AEEE Capital Holding signs $650 million deal for construction of a 500-acre development
18-03-2021 | 11:45:00
AEEE Capital Holding & Advisory Group Inc (AEEE) has signed a $650 million deal to complete development and construction management of a 500-acre Phase II sector of the New Capital East of Cairo in Egypt.
[Kenya] FBW and Fusion Capital to create large-scale affordable housing strategy
18-03-2021 | 11:36:13
East African planning, design, architecture and engineering team FBW Group is working with Fusion Capital, a real estate developers, to create a low-cost, affordable housing strategy in Kenya.
MIGA issues guarantees to support pre-construction study of iron ore mining project in Guinea
17-03-2021 | 09:15:58
MIGA is planning to issue guarantees of up to $130.5 million to High Power Exploration (HPX) of the United States for investments into the pre-construction study phase of a high-grade, open-pit iron ore mine in Mount Nimba, southeastern Guinea.
Great opportunities with new East Africa transmission interconnectors
15-03-2021 | 08:59:37
New transmission infrastructure in Kenya and connecting into Ethiopia, there are great opportunities for the geothermal sector in Kenya and the region.
AfDB purchases temporary bridges in Mozambique to replace infrastructure destroyed in cyclones
10-03-2021 | 07:27:00
The African Development Bank (AfDB) has finalized the purchase of 26 modular steel bridges to replace infrastructure that was destroyed in weather disasters in Mozambique.
InfraCo Africa invests in Acorn Holding’s $10m REIT for affordable student accommodation in Nairobi, Kenya
25-02-2021 | 14:04:00
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Real Estate Investment Trust (REIT) committing to support the delivery of affordable student accommodation in Nairobi.
Deutsche Bank, SACE partner to support infrastructure projects in Ghana
25-02-2021 | 12:58:00
Deutsche Bank announced the closing of two lending facilities with the Republic of Ghana. The €150 million financing agreements, guaranteed by the Italian Export Credit Agency SACE, will fund the construction and equipment of two infrastructure projects.
[Nigeria] Novarick Homes unlock new investment opportunities in Lagos
24-02-2021 | 06:40:39
Considering the annual remittance of about $24 billion from the diaspora, Novarick Homes, a property development company has unlocked new investment opportunities for this year.
Energean, EGPC JV partners award NEA/NI iEPCI contract to TechnipFMC offshore Egypt
18-02-2021 | 07:51:00
Energean announced that AbuQir Petroleum, a Joint Venture between Energean and EGPC, signed an integrated EPCI iEPCI contract to global offshore services provider TechnipFMC for a subsea tie-back located offshore Egypt.
[Column] Grace Goodrich: Driving deal making in Mozambique post-COVID-19
18-02-2021 | 07:24:49
While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique, the number of transactions rose, with 12 deals reported compared to only four deals in 2019, according to a Baker McKenzie analysis.
Unity Homes, Rendeavour expand partnership from Kenya to Nigeria
15-02-2021 | 14:11:00
Unity Homes, a developer of inclusive residential communities, and Rendeavour, Africa's new city builder, are expanding their partnership from Kenya to Nigeria with a 576-unit apartment complex in the Lekki Free Zone in Lagos.
Architecture firm FBW to masterplan Rwanda’s University of Global Health Equity expansion
12-02-2021 | 07:03:13
East African planning, design, architecture and engineering team FBW Group has been appointed to masterplan the expansion of the University of Global Health Equity (UGHE) in Rwanda.
EBRD supports new dry port development in Egypt
10-02-2021 | 15:16:18
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of a dry port and logistics centre in 10th of Ramadan City, Egypt, with a €1 million contribution to project preparation and procurement.
AfDB, WHO cut sod for Public Health Emergency Operations Center building in South Sudan
09-02-2021 | 14:06:00
The African Development Bank (AfDB) is financing the construction of the second phase of the Public Health Emergency Operations Center (PHEOC) in Juba, South Sudan.
Harith to build first gas-fired power plants in Johannesburg, South Africa
09-02-2021 | 10:37:00
Harith General Partners, which funds infrastructure development across Africa, is pushing ahead with plans to build the first gas-fired power plants in South Africa’s industrial hub of Gauteng and is exploring options to source the fuel.
Djibouti bets on Doraleh facility, infrastructure projects to grow economy
08-02-2021 | 10:50:01
In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti has entered the year 2021 with determination.
Data, tech drive Africa’s transport renaissance
06-02-2021 | 12:15:00
Africa has been betting on data and technology to transform transport infrastructure which continues to boost trade and enhance integration.
[South Africa] Logistics property fund Equites announces sale of two UK distribution warehouses
04-02-2021 | 12:13:44
The JSE listed specialist logistics property fund, Equites, announced it has sold two high-quality UK distribution warehouses to real estate funds managed by Blackstone for £43.4 million.
[Nigeria] Government approves N204m for web-based highway monitoring system
28-01-2021 | 15:00:14
Nigeria government has announced that it has approved N204 Million for design and deployment of a web-based management system that will be used to monitor highway construction.
ChemPoint announces new partnership with allnex in EMEA
26-01-2021 | 09:23:08
ChemPoint.com announced that allnex has chosen ChemPoint for marketing, sales, and distribution of the UVEKOL glass laminating system in Europe, the Middle East, and Africa (EMEA).
InfraCo Africa, Global Logistics Services to commence construction on Liberia Inland Storage Facility project
21-01-2021 | 11:52:00
InfraCo Africa and Global Logistics Services have signed an Engineering, Procurement and Construction contract with Liberian contractor, BMC Group, to enable construction to commence on the Liberia Inland Storage Facility project.
Siemens Mobility signs MoU to install high-speed rail system in Egypt
18-01-2021 | 10:16:19
The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility signed an MoU to design, install and commission Egypt’s first ever high-speed rail transportation system.
Acrow provides modular steel bridges to restore transportation lifelines in Mozambique
15-01-2021 | 09:02:00
Acrow, an international bridge engineering and supply company, announced it has provided 26 modular steel bridges to the National Road Administration of Mozambique, to restore vital transportation routes damaged by cyclones in 2019.
EIB accelerates climate disaster recovery, clean energy and transport investment in Madagascar
15-01-2021 | 08:26:00
Reconstruction of road and rail links in the Madagascan capital Antananarivo will be accelerated following the disbursement of €16.4 million by the European Investment Bank.
SOFEC cuts first steel for Sangomar FPSO turret mooring system offshore Senegal
12-01-2021 | 09:05:00
SOFEC announced first steel was cut on December 26th, 2020 for the turret mooring system for the RSSD Joint Venture FPSO External Turret Mooring System Project destined for the Sangomar Field Development offshore Senegal.
Reganosa awarded contract to operate sub-Saharan Africa's first offshore LNG receiving terminal in Ghana
12-01-2021 | 08:51:59
Reganosa has been awarded the contract to operate and maintain a liquefied natural gas (LNG) regasification terminal in Tema, Ghana.
Enel, Qatar Investment Authority join forces to develop renewables in Sub-Saharan Africa
11-01-2021 | 10:02:00
Enel Green Power (EGP), signed an agreement with a subsidiary of Qatar Investment Authority (QIA) for a joint venture partnership aimed at financing, building and operating renewable projects in Sub-Saharan Africa.
EBRD loans $12m to Al Dau Al Haram to support tourism sector in Egypt
06-01-2021 | 08:14:00
The European Bank for Reconstruction and Development (EBRD) is breaking fresh ground with a $12 million loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Regency hotel in Egypt.
BUA Cement, Sinoma CBMI partner to construct cement plants in Nigeria
05-01-2021 | 13:20:00
BUA Cement signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of 3million tonnes each per annum in Edo, Sokoto and Adamawa states of Nigeria to be completed by the end of 2022.
AfDB approves $42.9m loan to finance second phase of power transmission project in Madagascar
18-12-2020 | 08:42:00
The African Development Bank (AfDB) approved a loan of $42.9 million to finance the second phase of a major power transmission and interconnection project in Madagascar.
Pan African Resources, juwi South Africa partner for construction of solar photovoltaic plant at Evander Mines
17-12-2020 | 09:11:00
Pan African Resources has entered into an engineering, procurement and construction agreement with juwi South Africa to construct its 9.975MW solar photovoltaic plant at Evander Mines.
AAIM raises $80m capital to finance sustainable infrastructure investments in sub-Saharan Africa
16-12-2020 | 13:32:00
African Infrastructure Investment Managers (AIIM), Africa infrastructure-focused private equity fund managers, has successfully completed a capital increase of $80 million for its flagship pan-African infrastructure fund, AIIF3.
EBRD, TAQA Arabia partner to promote private-to-private renewable energy in Egypt
10-12-2020 | 11:38:00
The European Bank for Reconstruction and Development (EBRD) is promoting the expansion of renewable energy in Egypt by supporting one of the first green private-to-private projects in the country, with an initial $4.2 million loan to TAQA PV for Solar Energy.
African Development Fund approves $71.5m loan for road upgrading in Uganda
07-12-2020 | 07:09:00
The African Development Fund (ADF) approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity.
American Homebuilders of West Africa expands into Guinea
03-12-2020 | 08:13:14
American Homebuilders of West Africa, AHWA, has announced that it had closed on an acquisition of new land in Maneah in the Conakry suburbs.